AvePoint (AVPT) Chief Legal Officer Brian M. Brown Sells 60,000 Shares

What Happened
Brian M. Brown, AvePoint’s Chief Legal Officer and a company director, reported the sale of 60,000 shares on 2026-08-27 at $14.20 per share, for total proceeds of approximately $852,000. This was a disposal (sale), not a purchase.

Key Details

• Transaction date: 2026-08-27; Price: $14.20 per share; Shares sold: 60,000; Total value: ~$852,000.
• Transaction type: Sale (reported as open market or private sale).
• Filing date: Form 4 filed 2026-08-28 (filed the day after the trade).
• Shares owned after the transaction: Not disclosed in the materials you provided.
• Notable footnotes:
  • The sale was executed under a Rule 10b5-1 trading plan adopted by Mr. Brown on December 16, 2025 (preplanned trading).
  • Mr. Brown is trustee of the Brian M. Brown Revocable Trust and may be deemed to beneficially own shares held by the Trust; he disclaims beneficial ownership except to the extent of his pecuniary interest.

Context
Sales made under a 10b5-1 plan are prearranged and may be part of routine liquidity or diversification, so they are generally considered less informative about current insider sentiment than ad-hoc sales. This report does not indicate any option exercises, gifts, or tax-withholding transactions.